Feature | Foundr MAGAZINE
Aero Plast Limited: A Journey through Professional Odysseys
A dedicated, dynamic entrepreneur, Shri Ajay is a thorough professional with 40+ years of extensive experience in the packaging industry who is adept at guiding, managing, and handling all the operations within the organization.
Over the past few years, India has seen and achieved unprecedented growth in terms of industrialization and globalization. Consequently, there has been incredible demand for modern technology and an upgradation of quality in products and services in practically every industry. According to Report Linker, the Indian packaging market was valued at $50.5 billion in 2019, and it is expected to reach $204.81 billion by 2025, registering a CAGR of 26.7 % from 2020 to 2025. Today, under the dynamic management of Ajay Goyal (CEO), the firm has emerged as the country’s leading manufacturer & undisputed wholesaler of best-quality packaging solutions. “Presently, APL is acclaimed as a one-stop-shop for a wide range of sectors. Our packaging solutions never compromise on any aspect, and we offer free consultation to prospective buyers based upon our rich and fruitful experience of over four decades,” as stated by Ajay. This led to the establishment of a small trading house of packaging material.
Tracing the Roots of Journey
The fiery entrepreneurial spirit of Ajay Goyal originally stemmed from his humble beginnings. As a student, he wasn’t particularly good in his studies with below-average scores. During his 10th standard, he decided to not do a job when his service-class father wasn’t allowed to take leave for a major operation of his younger brother. Ajay had a first-hand business experience which has helped shape his entrepreneurial foundation. In 1976, he started his first venture by taking the contract of College Hostel Mess, with zero capital. Later on, in 1978, he started a small trading company and sold products on a bicycle. His first year’s sale with this stint was about Rs 3000/-
- 1978: Ajay Brothers” was established to deal in paper and plastic bags.
- 1995: Merged with Aero Plast Limited and introduced flexible packaging
- 2010: Started manufacturing of paper bags.
- 2014: Installed a manufacturing plant with complete in-house facilities.
- 2018: 80% growth by adding valued customers.
- 2023: Construction of a new facility covering an area of 2.5 Lakh Sqft
The spree of consecutive business experiences ultimately led to the seed for Aero Plast Ltd, almost two decades later in 1995.
Essential Leadership Qualities in Business Horizon
Apart from the products and services, another factor that enables the firm to stand apart from the crowd is its headstrong workforce. Aero Plast Limited comprises a highly experienced and dedicated team of professionals, who take care of the entire process starting from production to distribution along with ensuring the utmost quality of the final products. Furthermore, leveraging a state-of-the-art infrastructural unit that is equipped with the latest machinery, the team strives to meet the ever-changing requirements of the customers within the scheduled period.
Illuminating Career Triumph that Sets Standard
Mr. Ajay Goyal believes that it is automation that will finally lead the organization to achieve a globally distributed, highly resilient and responsive manufacturing ecosystem. In 2010, APL started its new venture of paper bags and purchased an automatic machine with a manufacturing capacity of 100,000 paper bags per day. By the end of 2019, with the continuous support of its vendors and renowned clients such as UNIQLO, AMAZON, DOLLAR TREE, HAYNES, and KHADIMS, MOTHER DIARY, ADITIYA BIRLA GROUP, RELIANCE INDUSTRIES LIMITED, HP, GROFFERS, AMAZON, MDH, IRCTC, PATANJALI AND BIGBASKET – achieved phenomenal revenue growth of 81%. Sharing his insights about the future roadmap of the firm, Ajay states, “We are competent enough to work on new products while carrying on with the current ones. Furthermore, to sustain and enhance our relationship with our customers and to have better interaction with them, we are in the process of implementing ZOHO CRM”. Also, the firm received DELHI’S MOST INSPIRING BUSINESS LEADERS RENOVATE THE FUTURE, award by Foundr Magazine India.
Riding the Wave of Industry Evolution
Being in the entrepreneurial game for decades, Ajay very well understands the significance of consistent advancement. For this very reason, he has an “either update or be outdated” philosophy of business and life in general. In the current financial year, his company is working to shift factory location at Area X 15. Ajay’s relentless commitment to growth has helped him go from Rs 3000 to 9000 lakhs in his business revenue.
Crafting a Symphony of Innovation in Product Panorama
For Aero Plast Limited, client-centric packaging forms the fulcrum of its business, while the comprehensive range of packaging makes it a well-rounded Packaging Company. From paper bags, packaging pouches, packaging rolls, and flexible packaging film to LDPE films, bags & pouches – Aero Plast Limited has already served various clients via its unmatched, unparalleled solutions since its inception. The firm holds a top-class portfolio of products which include simple brown paper bags, S.O.S bags, pinch bottom bags, merchandise bags, Euro tote bags, bakery bags, party bags, and mailing bags. APL’s flagship offering is its brown craft paper bags (with print), which are not just highly economical and handy, but also eco-friendly, robust, and recyclable.
Company’s Quest for Purposeful Impact
- To establish worldwide recognized factories that create the global presence of the company.
- To ensure a bustling work environment that minimizes stagnation and maximizes the growth of the employees.
- To ensure hygienic and environment-friendly products that accomplish the needs of food and medical packaging.
Navigating the Uncharted Future for Business
Ajay’s entrepreneurial lineage has been successfully maintained by his two sons, Abhay and Abhas Goyal. They’re the next-generation promoters of the company who’ve helped it conquer many economic and developmental milestones. It is this rich educational background, as well as the learnings from their father, which have been largely conducive to developing their business acumen & entrepreneurial personality. Going forward, the father-son trio is seeking to expand Aero Plast Limited across a multitude of domains & geographical markets. They have a strong vision for a holistic brand that not only garners profits but also preserves the environment as well as mankind.